March 21, 2025

FHA Lending Slows in Fourth Quarter Despite Refi Spike

FHA-to-FHA refis increased by nearly 70% in the fourth quarter while purchase mortgage volume slid 12.4%. United Wholesale Mortgage remained the largest FHA lender in 2024. Read More

Effects of HUD Staffing Cuts Elusive for FHA Lenders

FHA lending looks to be continuing uninterrupted amid recent staff cuts at HUD, though there are concerns about operations and oversight going forward. Read More

Correspondents Recapture Government Lending Share

In the fourth quarter of 2024, correspondent aggregators regained FHA/VA market share previously lost to wholesale-brokers. Read More

FHA Rescinds Biden-Era Anti-Bias Appraisal Policies

FHA walked back appraisal policies introduced during the Biden administration that had aimed to counter the effects of discrimination in property valuations. Read More

Bill in Congress Would Authorize VA Partial Claim Program

The bill would authorize the VA to implement a partial claim program similar to FHA’s program, essentially replacing VASP. Read More

HUD OIG Finds Quality Control Concerns at loanDepot, CMG

The quality control processes of two FHA lenders affected review sample sizes, risk evaluations and reviews of loans that experience early payment defaults. Read More

HUD OIG Faults Carrington, MidFirst on Foreclosures

The HUD Office of Inspector General said Carrington and MidFirst improperly set FHA foreclosures in motion for borrowers who were still under review, and ultimately qualified for loss-mitigation options, placing unnecessary hardship on the borrowers and creating risks for HUD. Read More

Around the Industry

Continuing resolution holds funding for HUD at FY 2024 levels; Rural Development retracts authority for noncitizens to apply for single-family guaranteed loans; VA Loan Guaranty Service posts FAQs. Read More

Inside FHA/VA Lending

View Archived Issues

FHA Lending Slows in Fourth Quarter Despite Refi Spike

Effects of HUD Staffing Cuts Elusive for FHA Lenders

Correspondents Recapture Government Lending Share

FHA Rescinds Biden-Era Anti-Bias Appraisal Policies

Bill in Congress Would Authorize VA Partial Claim Program

HUD OIG Finds Quality Control Concerns at loanDepot, CMG

HUD OIG Faults Carrington, MidFirst on Foreclosures

Around the Industry

Latest Imf News

Agency Jumbo Volume Holds Steady in Third Quarter

Housing Bill With Bipartisan Support Introduced in House

Fannie Mae’s MBS Holdings Increase Again in November

Trump Admin Reorients FSOC to Growth and De-Regulation

Featured Data

Non-Agency Jumbo Originations Slow in Third Quarter

Jumbo Servicing Volume Slightly Down in Third Quarter

Refis Lift Agency MBS to Three-Year High in November

Broker Channel Regains Some Share in Third Quarter

Featured Reports

Lender Profiles 2Q25: Top 25 (PDF)

GSE Repurchase Activity: Cumulative to Second Quarter 2025 (PDF Format)

Mortgage Profitability Report 2Q25 (PDF)

IMF HMDA Dashboard: 2024

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

Inside FHA/VA Lending

March 21, 2025

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As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?